Bloomberg Federal Reserve Bank of San Francisco President Mary Daly said US policy makers ought to be gradually lifting interest rates to bring an economy that’s running above potential in for a soft landing. “It wouldn’t be surprising to me that we would need to go up again in December and at least a couple of times next year,” Daly ...

Bloomberg The Bank of Japan’s (BOJ) massive asset purchase program has taken it into uncharted territory, with its ballooning holdings now larger than the country’s annual economic output. Its hoard reached a staggering 553.6 trillion yen ($4.9 trillion), figures show, compared with nominal gross domestic product of 552.8 trillion yen at the end of June. Data due on Wednesday is ...

Bloomberg Union Bancaire Privée SA (UBP has hired a group of about 15 private bankers from BNP Paribas SA as it steps up expansion in Asia, according to a person familiar with the matter. Some of the bankers will report to Alfred Tsai, who was BNP’s Hong Kong-based head of China wealth management before he joined UBP, said the person, ...